Mohammed Ibrahim Uddin CMA

Experience

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  M/S E. RAJESHWAR & CO. CHARTERED ACCOUNTANTS

  Oct 2006 - Oct 2009

  Auditor

  Audit of partnership concerns, joint stock companies engaged in manufacturing, insurance, trading etc in addition to the audit of banks and Non Banking Financial Corporations (NBFCs).

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  Best Trading Company Abdul Latif Alissa Group

  Feb 2011 - Jul 2012

  Financial Analyst

  1. Ensuring the compliance of the financial statements with the IFRS especially Valuation of inventories, Cash flow statements, Revenue recognition, Fixed Asset accounting, Depreciation accounting, Leases, Consolidation of financial statements, Related Party Disclosures, Events occurring after the balance sheet date, prior period items, Borrowing costs, Employee benefits etc.2. Analyzing and improving all the aspects of Accounts and Reporting system3. Ensuring the accuracy and timeliness of financial reporting, financial forecast and analysis to the business4. Preparation and submission of the financial reports, budgeting, forecasting and financial analysis5. Responsible for monitoring trends across Saudi Arabia to identify issues through the analysis of monthly operating results6. Analyzing financial information relating to the Company result, and profit & loss and cash flow statements in professional formatted reports7. Tracking financial status by monitoring variances from plan, analyzing results and variances; identifying trends; recommending actions8. Analyzing financial information relating to the new investment opportunities and to perform thorough analysis of its potential risks and returns using capital budgeting techniques such as NPV, IRR, ROI, PI etc. Show less

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  Mohammed Jabr Ahmed Alfarwi Contracting Est.

  Jul 2012 - May 2014

  Senior Accounting Supervisor

  1. Responsible for day to day financing and accounting operations2. Ensuring timely closing of accounts3. Performing project cost forecasts/budgets, cost tracking, monitoring and controls4. Supervising the accounting function for accounts payables, accounts receivables, fixed assets, inventory costing, clearing accounts and bank reconciliations 5. Performing cash flow forecasting, budgeting and working closely with the operations and project teams in analyzing margins, variances and cost analysis6. Issuing project cost reports for review and approval7. Ensuring that transactions are authentic and are in line with company policy and procedures8. Carrying out the month end depreciation process and reconciliation of all clearing accounts9. Maintaining Accruals, Prepayments and Advances10. Reviewing Monthly Trail Balance and follow-up on exceptions11. Working conservatively with the respective departments on cost reduction initiatives 12. Preparation of company financial statements Show less

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  Permasteelisa Gartner Middle East LLC

  May 2014 - Nov 2016

  Senior Accountant
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  AL Rushaid Real Estate Company

  Dec 2016 - Aug 2023

  Financial Controller
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  Weatherford Al Rushaid Co Ltd (A Joint Venture between Weatherford International & Al Rushaid Group)

  Sept 2023 - now

  Finance Manager

  Providing leadership, direction, and management of the finance/accounting & Billing teams.Managing the processes for financial forecasting and budgets and overseeing the preparation of all financial reporting.Supporting the Commercial Team in Bidding Process.Liaison with external & internal auditors on Statutory, Tax & Zakah audits. Review of Tax and Zakah Returns before filing.Compliance with internal control framework of the organization.Supervising the Monthly financial close process in line with the Weatherford Corporate Close calendar.Monthly Review of the financial results in comparison with the Budget/Forecasts, taking corrective actions in terms of cost control/reduction to maintain the Gross Margins.Supporting the Product Lines in minimizing the Inventory levels, optimum utilization of fixed assets, continue/drop product lines analysis, Manufacture/Procure Analysis etc.Compliance with DILIP/EDRSS, Local Content & other reporting requirements of Aramco.Quarterly presentation of the Financial & Operational performance to the Board of Directors.Liaison with the Board Members on regular basis on various financial and management matters.Ensuring efficient working capital management by ensuring optimum DSO, DSI, DPO & DTI.Ensuring effectiveness of Standard Costing system.Review of monthly VAT Returns.Review of Payroll data before disbursement. Show less